Freeman GOLD Engages Gsi Environmental to Fast Track Lemhi Permitting
FREEMAN GOLD ENGAGES GSI
ENVIRONMENTAL TO FAST TRACK LEMHI
PERMITTING
VANCOUVER, BC
,
Jan. 13, 2026
/CNW/ - Freeman Gold Corp. (TSXV: FMAN) (OTCQB: FMANF)
(FSE: 3WU) ("
Freeman
" or the "
Company
") is pleased to announce that it has engaged GSI
Environmental Inc. ("
GSI
"), a leading North American environmental and permitting consultancy, to
advance permitting and baseline characterization for the Company's flagship
Lemhi
gold deposit (the
"
Lemhi Project
" or the "
Project
") in
Lemhi County, Idaho
. This work represents a key step in
Freeman's strategy to move the Lemhi Project assertively toward future development and
production.
For more than two decades, GSI has been recognized for delivering innovative, science-driven
permitting strategies that streamline project approvals for mining clients across
the United States
and internationally. Its multi-disciplinary team will support Freeman in a comprehensive scope of
work that includes:
Environmental and permitting guidance for the Project's feasibility study (the "
FS
")
Baseline environmental studies and reporting
Technical studies, modeling, and impact assessments
Permitting and regulatory compliance support
Mitigation strategy and management plan development
National Environmental Policy Act (NEPA) compliance
Mine closure and reclamation planning
As Freeman's lead permitting consultant, GSI brings deep experience working with key federal
agencies—including the U.S. Army Corps of Engineers and U.S. Forest Service—as well as
Idaho
state regulators such as the Idaho Department of Lands and Idaho Department of Environmental
Quality ("
IDEQ
"). GSI's proven track record in preparing successful permit applications and
amendments ensures strong alignment with both federal and state requirements throughout the
NEPA process.
As part of the engagement, GSI will contribute to the environmental, social, and permitting sections
for the FS. This collaboration strengthens Freeman's technical team and ensures the FS reflects the
highest standards of environmental planning and compliance.
Work is already underway. GSI has initiated water-resource characterization activities, including
installing pressure transducers in monitoring wells to collect year-round groundwater data. It is also
completing desktop analyses to develop a detailed hydrogeological conceptual site model and a
supporting work plan for additional agency-required characterization. These components form the
foundation for future water-resources assessments and the development of a numerical groundwater
model—critical pieces of the permitting and baseline process.
GSI has also commenced geochemical baseline characterization of ore, waste rock, and tailings to
evaluate potential water-quality impacts during and post-mining. Comprehensive static and kinetic
testing programs are being designed to support mine planning, environmental management, and
permitting requirements.
GSI's team has successfully supported permitting and compliance efforts for mining clients
throughout the U.S. and internationally, including:
Liberty Gold
USA
Inc. – Black Pine Project (ID)
P4 Production, LLC – Caldwell Canyon (ID)
P4 Production, LLC – Blackfoot Bridge (ID)
Jervois Global – Idaho Cobalt Operations (ID)
Burnstone Industries – Burnstone Quarry (ID)
Barrick – Golden Sunlight Mine (MT)
Hecla
– Libby Exploration Project (MT)
High Divide Minerals – Regal Mine (MT)
High Divide Minerals – Treasure Mine (MT)
Surge Battery Metals – Nevada North Lithium Project (NV)
Lithium Nevada LLC –
Thacker Pass
(NV)
Lithium Nevada LLC – Western Quarry (NV)
Lithium Nevada LLC – North South Exploration Project (NV)
Nevada Gold Mines
– Emigrant/Rain Mine (NV)
Rawhide Mining Co – Rawhide Mine (NV)
Coeur Mining Inc. – Rochester Mine (NV)
Coeur Mining Inc. – Kensington Mine (AK)
In conjunction with GSI, Freeman has also retained Trinity Consultants, Inc. ("
Trinity
") to provide air
quality consulting services to support baseline characterization and permitting for the Project.
Trinity's scope of work will include the following:
Meteorological and baseline ambient air monitoring and data analysis.
Development of a facility-wide air emissions inventory.
Air dispersion modeling in accordance with IDEQ and other relevant regulatory requirements.
Trinity's team of consultants provides industry-leading expertise in air quality management, emissions
control, and regulatory compliance to help businesses navigate evolving environmental requirements.
Bassam Moubarak, CEO and Director of Freeman, noted, "Securing our mining permit is a critical
milestone for the advancement of the Lemhi Project. Working with GSI's experienced team, we will
de-risk the mine permitting process and create long-term value for our shareholders."
Freeman is pleased to be advancing the Lemhi Project with the support of a highly respected
permitting partners and looks forward to continued progress as the FS and permitting programs
accelerate.
About the Company and Project
Freeman Gold Corp. is a mineral exploration company focused on the development of its 100%
owned Lemhi Gold property. The Project comprises 30 square kilometres of highly prospective land,
hosting a near-surface oxide gold resource. The pit constrained National Instrument 43-101 ("
NI 43-
101
") compliant mineral resource estimate is comprised of 988,100 ounces gold ("
oz Au
") at 1.0
gram per tonne ("
g/t
") in 30.02 million tonnes (4.7 million tonnes Measured (168,800 oz) & 25.5
million tonnes Indicated (819,300 oz)) and 256,000 oz Au at 1.04 g/t Au in 7.63 million tonnes
(Inferred). The Company is focused on growing and advancing the Project towards a production
decision. To date, 525 drill holes and
92,696 m
of drilling has historically been completed (Murray
K., Elfen, S.C., Mehrfert, P., Millard, J., Cooper, Schulte, M.,
Dufresne
, M., NI 43-101 Technical
Report and Preliminary Economic Assessment, dated
November 20, 2023
;
www.sedarplus.ca
).
The recently updated price sensitivity analysis (see Freeman's news release dated
April 9, 2025
)
shows a PEA with an after-tax net present value (5%) of
US$329 million
and an internal rate of
return of 28.2% using a base case gold price of
US$2,200
/oz; Average annual gold production of
75,900 oz Au for a total life-of-mine of 11.2 years payable output of 851,900 oz Au; life-of-mine cash
costs of
US$925
/oz Au; and, all-in sustaining costs of
US$1,105
/oz Au using an initial capital
expenditure of
US$215 million
*.
*Note: Mineral resources that are not mineral reserves do not have demonstrated economic viability.
The preliminary economic assessment is preliminary in nature, that it includes inferred mineral
resources that are considered too speculative geologically to have the economic considerations
applied to them that would enable them to be categorized as mineral reserves, and there is no
certainty that the preliminary economic assessment will be realized.
The technical content of this release has been reviewed and approved by
Dean Besserer
, P. Geo.,
the VP Exploration for the Company and a Qualified Person as defined by NI 43-101.
On Behalf of the Company
Bassam Moubarak
Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Forward-Looking Statements:
This press release contains "forward
looking information or
statements" within the meaning of Canadian securities laws, which may include, but are not limited
to, all statements related to the 2023 PEA, the price sensitivity analysis and impact thereof on the
evaluation of the Project's economic potential, exploration and results therefrom, the planned
feasibility study, and the Company's future business plans. All statements in this release, other
than statements of historical facts that address events or developments that the Company expects
to occur, are forward-looking statements. Forward-looking statements are statements that are not
historical facts and are generally, but not always, identified by the words "expects," "plans",
"anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company
believes the expectations expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual results may
differ from those in the forward-looking statements. Such forward-looking information reflects the
Company's views with respect to future events and is subject to risks, uncertainties, and
assumptions. The reader is urged to refer to the Company's reports, publicly available under the
Company's profile on SEDAR+ at
www.sedarplus.ca
for a more complete discussion of such risk
factors and their potential effects. The Company does not undertake to update forward
looking
statements or forward
looking information, except as required by law.
SOURCE
Freeman Gold Corp.
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For further information:
For further information, please visit the Company's website at
www.freemangoldcorp.com or contact Mr. Bassam Moubarak at by email at
CO: Freeman Gold Corp.
CNW 07:30e 13-JAN-26